NOT LISTED FOR SALE

123 S 340th St Unit I Federal Way, WA 98003

West Campus - Fed Way Neighborhood

Estimated Value: $244,000 - $272,000

2 Beds
1 Bath
933 Sq Ft
$333/mo HOA Fee

Last Sold May 18, 2022

Last sale price $285,000 $305 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $1,976/month

5 Days on Market

Highlights

  • Unit is on the top floor
  • Property is near public transit
  • Traditional Architecture
  • Clubhouse
  • Territorial View
  • End Unit

About This Home

As of May 2022

Affordable, well maintained top floor condo in the heart of Federal Way! This two bedroom condo boasts brand new carpet and flooring throughout! The spacious living room offers a wood burning fireplace. The kitchen opens to the dining room with slider to your private patio. Large utility room with washer and dryer plus room for storage! Both bedrooms nicely sized with primary bedroom offering double closets. Huge full bath! More storage in 2 hall closets! Community clubhouse with game room, tennis and basketball courts, as well as an outdoor pool and hot tub! All appliances stay! Covered Parking! Low HOA dues cover garbage, water and sewer! Great access to shopping, restaurants, library, healthcare, BPA trail, freeways & much more!

Last Agent to Sell the Property

Khristina Swanson

Windermere RE West Campus Inc License #23254 Listed on: 04/14/2022

Windermere RE West Campus Inc

Last Buyer's Agent

Jeffrey Stegelman

COMPASS License #49854

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1915241

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,951

Year Built

  • Built in 1979

Lot Details

  • End Unit
  • West Facing Home

HOA Fees

  • $333 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 933 Sq Ft Home
  • 3-Story Property
  • Wood Burning Fireplace
  • Insulated Windows
  • Territorial Views

Kitchen

  • Electric Oven or Range
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Electric Dryer
  • Washer

Parking

  • 1 Parking Space
  • Carport

Outdoor Features

  • Balcony
  • Patio

Location

  • Unit is on the top floor
  • Property is near public transit

Schools

  • Panther Lake Elementary School
  • Illahee Jnr High Middle School
  • Todd Beamer High School

Utilities

  • Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 3259451010

Community Details

Overview

  • Association fees include common area maintenance, garbage, lawn service, road maintenance, sewer, water
  • 112 Units
  • Florian Hall Association
  • Secondary HOA Phone (425) 646-2776
  • Heritage Condos
  • Federal Way Subdivision
  • Park Phone (425) 646-2776 | Manager Kappes Miller

Amenities

  • Clubhouse
  • Game Room
  • Recreation Room

Recreation

  • Sport Court
  • Community Playground
  • Community Spa

Pet Policy

  • Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,951

Year Built

Built in 1979

Lot Details

0

HOA Fees

$333 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 1979
  • Inclusions: Dishwasher,Dryer,Microwave,Refrigerator,StoveRange,Washer,LeasedEquipment
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Traditional
  • Building Name: Heritage
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 933
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 24
  • RemodeledUpdated: true
  • UnitFeatures: Balcony/Deck/Patio,End Unit,Insulated Windows,Top Floor
  • Special Features: None
  • Cumulative Days on Market: 891

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet, Balcony/Deck/Patio, Cooking-Electric, Dryer-Electric, Washer, Water Heater
  • Main Level Bedrooms: 2
  • Stories: 3
  • Bathrooms: 1
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • FloorNumberOfUnit: 3
  • AppliancesIncluded: Dishwasher,Dryer,Microwave,Refrigerator,Stove/Range,Washer
  • WindowCoverings: blinds and curtains

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Direction Faces: West
  • Exterior Features: Wood, Wood Products
  • Structure Type: Multi Family
  • BusLineNearby: true
  • ViewFrom: Unit

Garage/Parking

  • Carport Y N: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 1
  • ParkingSpaceNumbers: I

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Heating Yn: Yes
  • HeatingCoolingType: Baseboard,Radiant
  • ApplianceHookups: Cooking-Electric,Dryer-Electric,Washer
  • WaterHeaterLocation: utility room
  • WaterHeaterType: electric

Condo/Co-op/Association

  • Community Features: Athletic Court, Cable TV, Club House, Game/Rec Rm, High Speed Int Avail, Hot Tub, Outside Entry, Playground, See Remarks
  • Park Manager Name: Kappes Miller
  • Park Manager Phone: 425-646-2776
  • Senior Community: No
  • Association Fee: 333
  • Association Fee Frequency: Monthly
  • Phone: 425-646-2776
  • Association: Yes
  • Pets Allowed: Cats OK, See Remarks, Subj to Restrictions
  • AssociationContactName: Florian Hall
  • CoOp: false
  • CommonPropertyFeatures: Athletic Court,Cable TV,Club Houses,Game/Rec Rm,High Speed Int Avail,Hot Tub,Outside Entry,Playground,See Remarks

Fee Information

  • Association Fee Includes: Common Area Maintenance, Garbage, Lawn Service, Road Maintenance, Sewer, Water

Schools

  • Junior High Dist: Federal Way
  • High School: Todd Beamer High
  • Middle Or Junior School: Illahee Jnr High

Lot Info

  • Parcel Number: 3259451010
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSSquareFootageSource: County Records

Green Features

  • Efficiency: Insulated Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • RentalCap: No Rental Cap
  • ShortTermRentalYN: false

Tax Info

  • Year: 2022
  • Tax Annual Amount: 1951

Multi Family

  • Number Of Units In Community: 112
  • EnergySource: Electric
  • UnitsInBuildingTotal: 12

MLS Schools

  • Elementary School: Panther Lake Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2022
Closed on
May 16, 2022
Sold by
Krenz and Amy
Bought by
Bicoff Maximilian
Seller's Agent
Khristina Swanson
Windermere RE West Campus Inc
Buyer's Agent
Jeffrey Stegelman
COMPASS
List Price
$258,950
Sold Price
$285,000
Premium/Discount to List
$26,050
10.06%
Current Estimated Value
$263,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,750
Avg. Annual Appreciation
-2.33%

Purchase Details

Closed on
Aug 18, 2011
Sold by
Federal National Mortgage Association
Bought by
Krenz Michael and Krens Amy

Purchase Details

Closed on
May 20, 2010
Sold by
Barker Darcy
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 18, 2004
Sold by
Ban Andrew S
Bought by
Barker Darcy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,500
Interest Rate
5.62%

Purchase Details

Closed on
May 10, 2001
Sold by
Giboney David R and Giboney Phyllis J
Bought by
Ban Andrew S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,550
Interest Rate
6.89%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bicoff Maximilian $285,000 Chicago Title
Krenz Michael -- None Available
Federal National Mortgage Association -- First American
Barker Darcy $98,500 Fidelity Natio
Ban Andrew S $79,950 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barker Darcy $27,000
Previous Owner Barker Darcy $98,500
Previous Owner Ban Andrew S $15,000
Previous Owner Ban Andrew S $77,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2022 05/18/22 Sold $285,000 +10.1% $305 / Sq Ft
04/19/2022 04/19/22 Pending -- -- --
04/14/2022 04/14/22 For Sale $258,950 -- $278 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,949 $254,000 $28,600 $225,400
2023 $2,077 $255,000 $20,600 $234,400
2022 $1,951 $211,000 $18,300 $192,700
2021 $1,989 $172,000 $16,000 $156,000
2020 $1,793 $165,000 $16,000 $149,000
2018 $1,612 $125,000 $13,700 $111,300
2017 $1,248 $112,000 $13,700 $98,300
2016 $1,169 $86,000 $13,700 $72,300
2015 $1,170 $77,000 $13,700 $63,300
2014 -- $79,000 $11,400 $67,600
2013 -- $54,000 $11,400 $42,600
Source: Public Records

Agents Affiliated with this Home

  • Khristina Swanson

    Seller's Agent in 2022

    Khristina Swanson

    Windermere Real Estate / West Campus, Inc.

    (253) 653-8557

    3 in this area

    97 Total Sales

    Khristina Swanson
    Section Image
  • Jeffrey Stegelman

    Buyer's Agent in 2022

    Jeffrey Stegelman

    Avenue Properties

    (206) 459-0508

    1 in this area

    40 Total Sales

    Jeffrey Stegelman
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1915241

Northwest Multiple Listing Service (NWMLS)

APN: 325945-1010

Washington King County Federal Way 98003 West Campus - Fed Way

123 S 340th St Unit I, Federal Way, WA

This home is located at 123 S 340th St Unit I, Federal Way, WA 98003 since 14 April 2022 and is currently estimated at $263,250, approximately $282 per square foot. This property was built in 1979. 123 S 340th St Unit I is a home located in King County with nearby schools including Panther Lake Elementary School, Illahee Middle School, and Todd Beamer High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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